In order for a single payer system to work adequately, policy makers must be willing to:
a. implement price controls, global budgets, and some method of direct rationing of services.
b. close off all patient access to medical care outside the country.
c. nationalize the hospital system and make all clinicians government employees.
d. make all forms of private insurance illegal.
e. make all patient cost sharing illegal.
a. implement price controls, global budgets, and some method of direct rationing of services.
You might also like to view...
Open market operations refer to the purchase or sale of ________ to control the money supply.
A) corporate bonds and stocks by the Federal Reserve B) U.S. Treasury securities by the Federal Reserve C) corporate bonds and stocks by the U.S. Treasury D) U.S. Treasury securities by the U.S. Treasury
In the aggregate expenditures model of the economy, a downward shift in aggregate expenditures can be caused by a decrease in
A. taxes or an increase in government spending. B. government spending or an increase in taxes. C. saving or an increase in government spending. D. interest rates or a decrease in taxes.
Refer to the above table. What is the marginal factor cost when the firm employs the second unit of labor?
A. $21 B. $38 C. $36 D. $19
Whether a particular technological innovation is good for a particular worker depends on the effect of that innovation on the worker's:
A. reservation price. B. labor mobility. C. union contract. D. marginal product.